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An Interesting Little Plastic Coin Bank From The Cleveland Trust Company

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willieboyd2's Avatar
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524 Posts
 Posted 07/19/2018  08:57 am Show Profile   Bookmark this topic Add willieboyd2 to your friends list Get a Link to this Message Number of Subscribers
This little 4" x 3" plastic coin saving bank is from the Cleveland Trust Company of Cleveland, Ohio.

A friend from a hiking club showed it to me. It was full of old silver coins and she wanted me to open it and get the coins out. I did.
An-Interesting-Little-Plastic-Coin-Bank-From-The-Cleveland-Trust-Company

The front reads:
A Great City ... A Great Bank!
The Cleveland Trust Company
63 Convenient Offices ... Banking Services
The Bank For All the People
(Drawing) Gen Moses Cleaveland (spelled the old way)


Under the bottom reads:
Tom Thrift Enterprises
New Canaan, Conn
Patents Applied For


The Tom Thrift company made these coin banks in the 1950's to encourage people to save money.

The coin bank has seven tubes for circulating coins of 1, 5 (two), 10 (two), 25, and 50 cents.

The sponsoring bank would hand the coin banks out to customers to fill with coins. The customer would bring the coin bank to the office where a teller would use a special key to unlock it and deposit the coins to an account.

I found a couple of similar Tom Thrift coin banks on ebay selling for $15.00 to $30.00 and a couple of newspaper advertisements dated 1954 and 1956 from banks offering these coin banks to customers.



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Edited by willieboyd2
07/19/2018 08:58 am
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nfine's Avatar
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3468 Posts
 Posted 07/19/2018  09:10 am  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
Very nice bank, please tell us about the silver coins you removed.
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willieboyd2's Avatar
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524 Posts
 Posted 07/19/2018  11:20 am  Show Profile   Bookmark this reply Add willieboyd2 to your friends list Get a Link to this Reply
Very nice bank, please tell us about the silver coins you removed.
An-Interesting-Little-Plastic-Coin-Bank-From-The-Cleveland-Trust-Company


https://www.brianrxm.com
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Edited by willieboyd2
07/19/2018 11:22 am
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Crazyb0's Avatar
10197 Posts
 Posted 07/19/2018  12:10 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
I remember banks doing that kind of offer in the late '50's as a kid. The ones I remember were sealed tho. the bank would view through and count the money, deposit it to a savings account, or to open a new one and any charges were free for a year, quite the gimmick. My dad would try to get these sealed plastic ones and we'd bust 'em up in the basement and do our own "PBB" (plastic bank bust)...usually had a lot of quarters and dimes, few halves and full LWC's!
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moxking's Avatar
United States
17900 Posts
 Posted 07/19/2018  7:56 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Careful. Bank collecting is highly addictive. Especially if you do local auctions.
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